Following a data breach and bankruptcy, genetic testing service 23andMe will soon be in different hands. On Monday, biotechnology company Regeneron announced that it won the top bid in a bankruptcy ...
You’re worth a fortune. I was sorry that 23andMe filed for Chapter 11 bankruptcy protection last week, but there would be a blizzard in Death Valley before I would ever use an online DNA kit company.
23andMe is teetering on the edge of bankruptcy and actively seeking a buyer. That buyer, unless explicitly restricted, could gain access to the sensitive genetic data of more than 14 million people.
A 2023 data breach hurt demand for 23andMe's core services Transaction is expected to complete in the third quarter May 19 (Reuters) - (Corrects to say the company filed for bankruptcy in March, not ...
The founder of 23andMe Research Institute wants to reach 100 million users, an ambitious goal after the seller of DNA testing kits emerged from bankruptcy as a nonprofit. 23andMe has the DNA of about ...
A bankruptcy judge has approved the sale of the insolvent genetics firm 23andMe to a nonprofit run by one of the company's co-founders. The deal effectively avoids the controversial transfer of DNA ...
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the drug developer Regeneron Pharmaceuticals for $256 million. The ...
At a court hearing in St. Louis, Mo. yesterday (June 4), 23andMe’s attorney inadvertently revealed that Wojcicki’s post-auction proposal had reached $305 million. Wojcicki, who resigned as 23andMe’s ...
Your DNA results are in — and they’re 100 percent the property of a pharmaceutical manufacturer. Put simply, the genetic information of millions is now in the hands of a drugmaker seeking to mine it ...
Genetic testing company 23andMe never hit on a sustainable business model and went bankrupt. Now, it's being sold to a non-profit launched by the co-founder, delaying addressing data privacy concerns.
23andMe's $46.75 million breach settlement splits roughly $6 to $7 per person among 6.9 million victims whose genetic data ...